Direxion Daily FTSE China Bear 3X ETF
YANG
12 hedge funds and large institutions have $4.26M invested in Direxion Daily FTSE China Bear 3X ETF in 2016 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 4 increasing their positions, 2 reducing their positions, and 3 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 2
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
20% more funds holding
Funds holding: 10 → 12 (+2)
0.01% less ownership
Funds ownership: 0.04% → 0.03% (-0.01%)
22% less capital invested
Capital invested by funds: $5.49M → $4.26M (-$1.23M)
76% less call options, than puts
Call options by funds: $11M | Put options by funds: $46.1M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$763K |
| 2 |
VKH
Virtu KCG Holdings
New York
|
+$364K |
| 3 |
Simplex Trading
Chicago,
Illinois
|
+$281K |
| 4 |
CG
Cutler Group
San Francisco,
California
|
+$271K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$231K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HJMC
Hellman Jordan Management Company
Quincy,
Massachusetts
|
-$1.96M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
-$1.23M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$625K |
| 4 |
PG
PEAK6 Group
Chicago,
Illinois
|
-$127K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$37K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
1
Wolverine Trading
Chicago,
Illinois
| $1.08M | +$1.23M | +250 | New |
|
|
WAM
2
Wolverine Asset Management
Chicago,
Illinois
| $642K | +$763K | +155 | New |
|
|
3
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $448K | +$231K | +47 | +77% |
|
4
Morgan Stanley
New York
| $417K | +$177K | +36 | +56% |
|
|
CG
5
Cutler Group
San Francisco,
California
| $360K | +$271K | +55 | +172% |
|
|
6
BNP Paribas Financial Markets
Paris,
France
| $340K | -$1.23M | -250 | -75% |
|
|
VKH
7
Virtu KCG Holdings
New York
| $307K | +$364K | +74 | New |
|
|
8
Bank of America
Charlotte,
North Carolina
| $254K | -$625K | -127 | -68% |
|
|
9
Simplex Trading
Chicago,
Illinois
| $234K | +$281K | +57 | New |
|
10
Goldman Sachs
New York
| $122K | +$143K | +29 | +2,900% |
|
11
Creative Planning
Overland Park,
Kansas
| $44K | – | – | – |
|
|
WA
12
Winfield Associates
Cleveland,
Ohio
| $8K | +$9.85K | +2 | New |
|
|
HJMC
13
Hellman Jordan Management Company
Quincy,
Massachusetts
| – | -$1.96M | -400 | Closed |
|
|
PG
14
PEAK6 Group
Chicago,
Illinois
| – | -$127K | -26 | Closed |
|
|
15
UBS Group
Zurich,
Switzerland
| – | -$37K | -8 | Closed |
|
YANG Hedge Fund Activity: Q2 2016 in Review
12 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily FTSE China Bear 3X ETF (YANG) for Q2 2016, worth a combined $4.26M — down 22% from $5.49M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new YANG positions and 3 closed out — a net gain of 2 holders — while 4 added to existing stakes and 2 trimmed.
The largest buyer was Wolverine Asset Management, opening a new position worth an estimated $763K. The largest seller was Hellman Jordan Management Company, exiting entirely with an estimated $1.96M sold.
- 12 institutional investors held Direxion Daily FTSE China Bear 3X ETF (YANG) as of Q2 2016, up from 10 in Q1 2016.
- Funds reported $4.26M of Direxion Daily FTSE China Bear 3X ETF stock for Q2 2016, down 22% quarter-over-quarter.
- 5 funds opened new Direxion Daily FTSE China Bear 3X ETF positions in Q2 2016 and 3 closed out, a net change of +2 holders.
- The largest Direxion Daily FTSE China Bear 3X ETF buyer in Q2 2016 was Wolverine Asset Management, an estimated $763K added.
- The largest Direxion Daily FTSE China Bear 3X ETF seller in Q2 2016 was Hellman Jordan Management Company, an estimated $1.96M sold.
Based on aggregated 13F filings for Q2 2016.